The Presidential Dollar Coin Series was authorized by The Presidential $1 Coin Act Public Law 109-145. The series will honor the former Presidents of the United States with circulating dollar coins bearing their images. Each year four different coins will be released honoring Presidents in the order served. The series will coincide with the First Spouse Gold Coin program, which will issue 24 karat gold bullion coins for each President’s spouse.
The Presidential $1 Coin Act contains specific requirements for the Director of the United States Mint to increase public awareness and use of the dollar coins. So far this has included a public relations campaign focused on four major cities as well as a special Direct Ship Program which allows businesses and individuals to order Presidential Dollars directly from the US Mint instead of Federal Reserve Banks.
The obverse of each Presidential Dollar will feature the likeness and name of the former President. Inscriptions will include an indication of the order of the Presidency (1st, 2nd, 3rd) and the years spent in office.
The reverse of the Presidential Dollar will be a rendition of the Statue of Liberty which represents the ideal of “Liberty.” This constant design will be used throughout the entire series. The inscriptions included are “United States of America” and “$1.” This will be the first time the denomination is stated with the dollar symbol. Prior coins have spelled out the denomination (One Dollar).
The coins include special edge lettering. To make more room on the face of the coin for design elements, certain inscriptions were moved to the edge of the coin. In 2007 and 2008 this included “E Pluribus Unum,” “In God We Trust,” the date, and the mint mark. Starting in 2009, the motto “In God We Trust” will be moved to the obverse of the coin.
Four coins have been released for the series each year. The series is currently scheduled to run until 2016, honoring each former president who has been deceased for at least five years. Find the releases for the series so far:
Dates: 2007 – 2016
Mint: Philadelphia and Denver (circulating coins), San Francisco (proof coins)
Weight: 8.1 g
Composition: 88.5% copper, 6% zinc, 3.5% manganese, 2% nickel
Diameter: 26.5 mm
Thickness: 2.0 mm